Author Archives: Paul Ausick

Follow Paul here:

10 Home Improvements That Don’t Pay Off

The number of opinions on the value of a particular home remodeling project is at least as large as the number of remodeling projects homeowners might want to tackle. One ...
Read Full Story »
Goldman Sachs

Goldman Sachs Down 11%, Worst Performing Dow Stock of 2016

For the year to date, shares in Goldman Sachs Group Inc. (NYSE: GS) trade down 11% and are the worst performer among the 30 stocks that comprise the Dow Jones ...
Read Full Story »

Oil Rig Count Up by 14 Last Week, Hedge Funds Thinking Short Again

In the week ended July 22, the number of rigs drilling for oil in the United States totaled 371, up by 14 compared with the prior week and a total ...
Read Full Story »
cannabis plants

Marijuana Price Ticks Up to $1,705

For the week ended Friday, July 22, the spot price index for a pound of cannabis increased 0.3% from $1,700 in the prior week to $1,705. According to the analysts ...
Read Full Story »
Stock Price

Skechers Tops Friday’s 52-Week Low Club

July 22, 2016: Here are three stocks trading with heavy volume among 13 equities making new 52-week lows in Friday's session. NYSE advancers led decliners by about 2 to 1 ...
Read Full Story »

Visa, Amex Push Dow Higher Friday

July 22, 2016: Markets opened higher Friday and the party continued all day. Leading the day's gains were the telecom and utilities sectors while industrials was with only sector trading ...
Read Full Story »
college degree

A New Amazon Prime Benefit: Cheaper Student Loans

Where federally guaranteed student loans were once reasonable profit-makers for private lenders like banks and credit unions, that situation changed in 2010 when the federal government began making direct loans ...
Read Full Story »

American Airlines Earnings Get Boost from Tax Benefit

American Airlines Group Inc. (NASDAQ: AAL) reported second-quarter 2016 earnings before markets opened Friday. The airline posted adjusted diluted earnings per share (EPS) of $2.81 on revenues of $10.36 billion. ...
Read Full Story »
KC-46A F/A-18

What Do Boeing’s Latest Round of Charge-Offs Indicate?

After markets closed on Thursday, Boeing Co. (NYSE: BA) announced that after-tax charges totaling $2.05 billion would be taken in the second quarter, reducing earnings by a total of $3.23 ...
Read Full Story »
Honeywell thermostat

Honeywell Earnings Undermined by Lower Revenue Guidance

Honeywell International Inc. (NYSE: HON) reported second-quarter 2016 results before markets opened Friday. The conglomerate posted diluted earnings per share (EPS) of $1.66 on revenues of $9.99 billion. In the ...
Read Full Story »

GM and Tesla Win Top Auto Awards

In a new owner satisfaction ranking of 2016 model year vehicles announced Thursday, General Motors Co. (NYSE: GM) placed seven vehicles at the top of their respective segments, more than ...
Read Full Story »
Boeing logo

Boeing to Take $2 Billion in Q2 Charges

When Boeing Co. (NYSE: BA) reports earnings July 27, the company will recognize impacts to earnings of $2.05 billion on three different programs. We'll have more detail later, but here's ...
Read Full Story »
Oil rig

Schlumberger Projects ‘Medium-for-Longer’ Crude Oil Market

Schlumberger Ltd. (NYSE: SLB) reported second-quarter 2016 results after markets closed on Thursday. The oil field services firm reported adjusted diluted quarterly earnings per share (EPS) of $0.23 on revenues ...
Read Full Story »
Stock Price

Biotech Firm Zafgen in Thursday’s 52-Week Low Club

July 21, 2016: Here are four stocks trading with relatively heavy volume among 15 equities making new 52-week lows in Thursday's session. NYSE decliners led advancers by about 3 to ...
Read Full Story »
market crash

Intel, Amex Crimp DJIA on Thursday

July 21, 2016: Markets opened mixed Thursday but by late morning all three major indexes traded in the red. Leading the slide are the industrials, energy, and materials sectors, with ...
Read Full Story »